FS Credit Real Estate Income Trust Inc. Lowers NAV per Share
Have you suffered losses investing in an FS Investments offering?
Are you concerned about your investment in FS Credit Real Estate Income Trust Inc.? If so, the securities attorneys at The White Law Group may be able to help you.
FS Credit Real Estate Income Trust, Inc, a monthly NAV REIT sponsored by FS Investments, invests primarily in floating rate senior loans secured by commercial real estate properties.
The REIT just announced a lower net asset value per share for March 2020, noting that it had not recorded any impairments in its loan portfolio, which represented approximately 97 percent of its gross assets, as of March 31, 2020.
According to SEC filings, the company says that the change in NAV per share was due to unrealized depreciation in the company’s commercial mortgage-backed securities, “resulting from the impact of COVID-19 on the financial markets.”
The White Law Group is currently investigating potential claims against brokerage firms who may have unsuitably recommended REITs to investors.
These claims result when broker-dealers fail to perform adequate due diligence on the investments before offering them for sale to their clients. Additionally the brokerage firms often fail to determine whether the investments were appropriate in light of their clients’ age, investment, experience, net worth, and tolerance for risk.
Free Consultation with a Securities Attorney
If you are concerned about your investment losses in FS Credit Real Estate Income Trust Inc., please call the securities attorneys of The White Law Group at (888) 637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group, visit http://whitesecuritieslaw.com.
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